scholarly journals You Get What You Share: Incentives for a Sharing Economy

Author(s):  
Sreenivas Gollapudi ◽  
Kostas Kollias ◽  
Debmalya Panigrahi

In recent years, a range of online applications have facilitated resource sharing among users, resulting in a significant increase in resource utilization. In all such applications, sharing one’s resources or skills with other agents increases social welfare. In general, each agent will look for other agents whose available resources complement hers, thereby forming natural sharing groups. In this paper, we study settings where a large population self-organizes into sharing groups. In many cases, centralized optimization approaches for creating an optimal partition of the user population are infeasible because either the central authority does not have the necessary information to compute an optimal partition, or it does not have the power to enforce a partition. Instead, the central authority puts in place an incentive structure in the form of a utility sharing method, before letting the participants form the sharing groups by themselves. We first analyze a simple equal-sharing method, which is the one most typically encountered in practice and show that it can lead to highly inefficient equilibria. We then propose a Shapley-sharing method and show that it significantly improves overall social welfare.

2021 ◽  
Vol 7 (1) ◽  
pp. 398-409
Author(s):  
Csilla Bartucz

Rising expectations for urban logistics are the biggest challenge for parcel service providers. The increased costs posed by obstacles reduce profitability, and providers are forced to develop a novel operating model based on cooperation. The new model can combine what is known so far, which can be integrated into a platform-based system to implement collaborative resource sharing. The implementation of the platform will result in the introduction of a new player and the creation of a partly common ICT background. The platform-based approach is known in the context of the sharing economy initiative, which has also brought a novel trust-based model to life. On the one hand, this article presents a possible business model for parcel logistics providers and, on the other hand, the operation of a third-party IT platform and the method of resource allocation designed to reduce costs. In addition, it presents the possible reasons for the intention to join the platform and the conditions necessary to maintain the platform. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.


2021 ◽  
Vol 21 (1) ◽  
pp. 208-225
Author(s):  
Lyudmila Belova

The article traces the impact of innovation on employment and workers income during industrial revolutions. The aim of the study is to identify the business model that contributes to improving the well-being and reducing negative impact of innovative transformations on employees. To achieve this goal, we analyze: the conceptions of industrial revolutions; the “Engels pause”, which arose during the First Industrial Revolution as a “surge” in inequality due to the contradiction between productivity growth and profit, on the one hand, and the stagnation of workers’ real incomes, on the other; the effect of replacing manual labor with automated one; the problems of technological unemployment; the digital business model of sharing economy. The findings report conclusions concerning the change in economic development paradigm as a result of the replacement of classical consumption models by sharing economy business model, on the prospects of the sharing economy business model in the context of its ability to solve employment problems, overcome technological unemployment and increase employees’ income. The achieved results can be useful for policymakers and corporate structures that design innovative development strategies.


Author(s):  
Liher Pillado Arbide ◽  
Ander Etxeberria Aranburu ◽  
Giovanni Tokarski

Traditional labour relationships have been disrupted due to the digital platforms based businesses. This article aims on the one hand to share the consequences the sharing economy has generated for workers, and how MONDRAGON’s principles as one of the best examples of worker owned business group in the world, can be applied within the new digital era. On the other hand, this paper provides a literature review on how digital platforms can operate with fairer principles based on the framework that platform coops consist of. Last but not least, Mondragon University and The New School have set up a capacity building program on team entrepreneurship and an online incubation program that aims to support the creation of platform coops, whose results after two editions and future opportunities for research are shared.


2019 ◽  
Vol 2 (1) ◽  
pp. 167-171
Author(s):  
Mohammad Sabiq ◽  
Akhmad Jayadi ◽  
Imam Nawawi ◽  
Mohammad Wasil

Materialism and sich are the driving spirit of the community in achieving economic and financial security that saves a holistic and socially just welfare. This can be seen from the lives of people in materialistic developed countries, where the level of social stress is higher, economic inequality widens, horizontal conflict is rife. This research uses Pierre Felix Bourdieu's social theory in seeing people trust the expenditure of material with other values, such as spiritual and cultural values ​​that are no less urgent as elements of social welfare development. This study found that materialism on the one hand has a positive effect, where people are encouraged to use material standards in measuring the level of welfare they expect. On the other hand, materialism closes the presence of values ​​such as spirituality, local wisdom and agriculture in completing more holistic welfare standards.


2017 ◽  
Vol 23 (2) ◽  
pp. 193-205 ◽  
Author(s):  
Adrián Todolí-Signes

The digital era has changed employment relationships dramatically, causing a considerable degree of legal uncertainty as to which rules apply in cyberspace. Technology is transforming business organisation in a way that makes employees – as subordinate workers – less necessary. New types of companies, based on the ‘on-demand economy’ or so-called ‘sharing economy’ and dedicated to connecting customers directly with individual service providers, are emerging. These companies conduct their entire core business through workers that they classify as self-employed. In this context, employment law is facing its greatest challenge, as it has to deal with a very different reality to the one existing when it was created. This article analyses the literature available about the classification of this new type of worker as an employee or as self-employed, concluding that there is a need for a new special labour regulation. It also describes and justifies the bases for this new special labour regulation.


Author(s):  
Luise Li Langergaard

The article explores the central role of the entrepreneur in neoliberalism. It demonstrates how a displacement and a broadening of the concept of the entrepreneur occur in the neoliberal interpretation of the entrepreneur compared to Schumpeter’s economic innovation theory. From being a specific economic figure with a particular delimited function the entrepreneur is reinterpreted as, on the one hand, a particular type of subject, the entrepreneur of the self, and on the other, an ism, entrepreneurialism, which permeates individuals, society, and institutions. Entrepreneurialism is discussed as a movement of the economic into previously non-economic domains, such as the welfare state and society. Social entrepreneurship is an example of this in relation to solutions to social welfare problems. This can, on the one hand, be understood as an extension of the neoliberal understanding of the entrepreneur, but it also, in certain interpretations, resists the neoliberal understanding of economy and society.


Author(s):  
José Manuel Sánchez Santos

The main objective of this chapter is to provide new insights into the economic and social value that financial literacy has for individuals and societies. Financial literacy has implications that are relevant both at a micro (especially for households) and macro-level (for the financial system and for the national economy as a whole). On the one hand, a lack of financial literacy put households a risk from making sub-optimal financial decisions and prevent them to maximize their wellbeing. On the other hand, financial literacy favors a better allocation of resources, reduces the risks associated with episodes of financial instability, and therefore, contributes to the increase of social welfare. The analysis and the empirical evidence showing the benefits (costs) of financial literacy (illiteracy) allows to conclude that policymakers have a key role to play implementing initiatives aiming to improve financial literacy of the population at all stages of life.


Electronics ◽  
2020 ◽  
Vol 9 (2) ◽  
pp. 314 ◽  
Author(s):  
Cheng Wang ◽  
Yushi Cao ◽  
Zhili Zhang ◽  
Weidong Wang

The rapid development of mobile communications and the continuous growth of service needs lead to an increase in the number of base stations (BSs). Through virtualization and cloud technology, virtual Baseband Units (BBUs) are deployed on a virtual machine (VM) to build a BBU pool to achieve hardware resource sharing, which not only saves BS construction costs but also facilitates management and control. However, too high or too low server resource utilization in the pool not only affects the performance of the virtual BBU but also increases the maintenance cost of the physical equipment. In this paper, BBUs are virtualized to construct a virtual BBU pool based on the OpenStack cloud architecture and a dual threshold adaptive dynamic migration strategy is proposed in this scenario. Establish upper and lower threshold of resource utilization of the servers in the pool and the strategy determines whether the dynamic migration is triggered according to the resource utilization of each compute node. If the migration is triggered, the strategy selects the virtual resource to be moved out and the target node to realize the dynamic migration to achieve the purpose of balancing the server load and saving energy consumption. The migration strategy proposed in this paper is simulated on Cloudsim and the experimental results show that the strategy can effectively reduce the number of migrations and migration time on the basis of reducing energy consumption and SLA violations. This paper successfully deployed the strategy on the OpenStack platform, which implements dynamic migration autonomously to save the overall energy consumption of the BBU pool, instead of manual operations.


2014 ◽  
Vol 15 ◽  
pp. 7-15
Author(s):  
Santa Bahadur Pun

Prime Minister Narendra Modi’s visit to Nepal in August 2014 was instrumental in reinvigorating the stalled 6,480 MW Pancheshwar Multipurpose Project. In particular, the one billion US Dollar soft loan for infrastructures that Modi offered to Nepal has generated much enthusiasm. As the Mahakali Treaty was ratified in September 1996, and as public memory is short, this article reverts back 18 years ago into the heady days when the Water Resources Minister, Pashupati SJB Rana, publicly claimed that the sun would now begin to ‘rise from the west’! At that time, even the leaders in the opposing camp (the CPN-UML), started to count their chickens in billions and billions of rupees accruing from the sale of electricity to India. Today, that ‘Som Sharma euphoria’ has again started to percolate among our political leaders. The article, hence, poses six vital issues that need to be ‘fixed’ before the Pancheshwar Multipurpose Project can begin to taxi along the runway: i) validity of Rashtriya Sankalpas/national strictures; ii) re-constituting the all-party Parliamentary Monitoring Joint Committee; iii) export of energy and its pricing principle; iv) formation of Mahakali River Commission; v) equal sharing of Mahakali waters after the completion of the Pancheshwar Project; and vi) determining the origin of Mahakali River. The author believes that until these vital issues are fixed in an amicable and good faith manner, the viability of the Pancheshwar Multipurpose Project will again be in doubt !DOI: http://dx.doi.org/10.3126/hn.v15i0.11284HYDRO Nepal JournalJournal of Water Energy and EnvironmentVolume: 15, 2014, JulyPage: 7-15


2020 ◽  
Vol 11 (2) ◽  
pp. 31-46
Author(s):  
Abbas Strømmen-Bakhtiar ◽  
Evgueni Vinogradov ◽  
Marit Kristin Kvarum ◽  
Kristian Rydland Antonsen

The technological developments described in terms of industrial revolutions or disruptive innovations have been shaping economic and social life in rural areas. The global trend towards urbanization presents a major challenge to rural communities. The aim of this article is to study how the peer-to-peer economy influences rural municipalities. On the one hand, in the literature, it is argued that sharing economy may improve accessibility, encourage mobility, attract investments and reduce urban bias. On the other hand, both academics and practitioners are aware of the disruptive effects of sharing economy on e.g., local real estate and labor markets. This qualitative study is based on empirical data from a municipality on the Lofoten Islands of Norway. The results demonstrate that Airbnb has some positive and some negative effects on rural development, but the magnitudes of these effects are modest. Of positive effects, the authors can mention increased local tourism, stimulation of conservation/restoration of traditional houses, and increased recreational mobility for rural residents.


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